ABSTRACT

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As seen in the previous chapter, development of new drugs requires large amounts of time and

resources. Drug development is a formidable undertaking requiring nearly US$ 800 million and 12

years to bring the average drug to market commercialization [1,2]. It is estimated that only one out

of 5,000-10,000 compounds tested in preclinical assay is approved as a new medicine [3].

Obviously, it is in the interest of pharmaceutical companies and of consumers that better drugs

(more effective, fewer side effects) become available at a lower cost. At first sight, these

requirements seem to be mutually exclusive. The current hope of meeting this challenging task is

that by improving the characterization of compounds and their effects in early and not yet so costly

phases, one would increase their chance of success in late phases of development.